Thu, 09 Dec 2021

Stock markets in Asia forge ahead on back of global rally

SYDNEY, NSW, Australia - Stocks in Asia continued the merry-go-round on Wednesday as investors the world over swarmed stock markets ...

Problem with hood detaching causes Honda recall of 725,000 vehicles

TORRANCE, California: Honda is recalling some 725,000 SUVs and pick-up trucks due to faulty hoods that could open while vehicles ...

Angry Elon Musk moves Tesla headquarters out of California

AUSTIN, Texas: Tesla has confirmed that it moved its headquarters from Palo Alto, California to a location next to its ...

U.S. stocks tack on to global rally, Nasdaq jumps 456 points

NEW YORK, New York - Technology stocks were all the rage in New York on Tuesday, pushing the broader industrial ...

Berkshire's Charlie Munger says Costco will compete against Amazon

OMAHA, Nebraska: Expect retail giant Costco to develop a major internet presence and become an important competitor to Amazon, according ...

Selfridges department stores in UK sold in multi-billion pound deal

LONDON, England: A Thai conglomerate, the Central Group, is set to buy luxury UK department store group Selfridges for up ...

Move by Chinese central banks lifts stocks in Asia

SYDNEY, NSW, Australia - Stocks roared in Asia on Tuesday after China's central bank eased monetary conditions to stave off ...

UK farmer says thank foreign workers for Christmas turkeys

CHELMSFORD, England: There will be no shortage of turkeys for British consumers this Christmas season because of the foreign farm ...

New chairman of Disney Company is board member Susan Arnold

BURBANK, California: The Walt Disney Co. has announced that Susan Arnold will become the new board chairman, replacing long-time chairman ...

U.S. stocks roar back as concerns over Covid variant diminish

NEW YORK, New York - U.S. stocks rallied on Monday as fears over the new Covid variant Omicron subsided."Reports of ...

Grab app valued at $40 billion in debut on Nasdaq

SINGAPORE: Singapore-based Grab, the major ride sharing app used in South East Asia, has made its stock market debut on ...

After decades of delays, Shell Oil gives up on UK's Cambo oilfield

LONDON, England: Shell Oil announced this week that it has abandoned its plans to develop the Cambo oil field west ...

China Evergrande worries keep lid on Asian stock markets

SYDNEY, NSW, Australia - Stocks in Asia closed modestly lower Monday as markets appeared to be coming to grips with ...

US saw only 210,000 hired in November, falls short of expectations

WASHINGTON D.C.: In a reversal of the predictions of expected job growth issued by economists, U.S. employers hired only 210,000 ...

Dollar Tree raises prices to $1.25 in first price increase in 35 years

CHESAPEAKE, Virginia: Discount retail chain Dollar Tree said it will raise its prices from $1 to $1.25 for most of ...

GM cathode battery plant seeks to lower cost of electric car batteries

DETROIT, Michigan: General Motors has announced that it will construct a new cathode factory in North America for its electric ...

Capital One takes lead among major bank by ending overdraft fees

MCLEAN, Virginia: Capital One bank has announced plans to cancel overdraft fees early next year, and becoming the largest bank ...

BMW new XM hybrid concept vehicle to begin production in 2022

MUNICH, Germany: Automaker BMW has announced the launch of its new concept plug-in hybrid electric vehicle, the first M class ...

To end chip shortage, build U.S. factories, says White House

DETROIT, Michigan: Commerce Secretary Gina Raimondo visited Detroit to highlight the urgent need to manufacture semiconductor chips in the United ...

Brit Air halts Hong Kong flights as China forces crews to quarantine

LONDON, England: British Airways has suspended flights to Hong Kong, after its crew members were reported to have been forced ...

Wall Street finishes week lower on poor jobs report and Omicron fears

NEW YORK, New York - U.S, stocks had a volatile day on Friday before all the major indices finished in ...

China's long-term problems are forcing it to rethink the whole economy

The People's Bank of China is encouraging Chinese banks to lend more to businesses and consumers by cutting the proportion ...

Americans leaving jobs in almost record levels

Americans are quitting their jobs in near-record numbers, according to the latest data released by the US Department of Labor, ...

Bank unions stage dharna outside RBI office in Kerala against Banking Laws Amendment Bill 2021

Thiruvananthapuram (Kerala) [India], December 8 (ANI): Bank unions staged a dharna outside the Reserve Bank of India demanding the Centre ...

China's precise macro policy design shores up economic resilience

© Provided by Xinhua BEIJING, Dec. 8 (Xinhua) -- China's precise macro policies, stressing cross-cyclical adjustment, have proved to be ...

Goldman Sachs lowers U.S. GDP outlook over Omicron fears

© Provided by Xinhua NEW YORK, Dec. 8 (Xinhua) -- Goldman Sachs has cut its outlook for U.S. economic growth ...

Immigrant entrepreneurs: the barriers they face and how to remove them

Immigrants often do well in the business world. They are behind one in seven of all companies in the UK, ...

5G-related risk revealed

Massive rollout of mid-band 5G systems might pose an aircraft safety risk by interfering with navigation equipment and causing flight ...

Christmas tree set ablaze just outside Fox News HQ

Police have detained a man shortly after a Christmas tree in front of Fox News? main office in New York ...

5G might disrupt aircraft flights & touch-downs

Massive rollout of mid-band 5G systems might pose an aircraft safety risk by interfering with navigation equipment and causing flight ...

Indian equities rally for 2nd day; Sensex surges 1016 points

Mumbai [India], December 8 (ANI): Broad-based buying support continued in the Indian equities markets for the second successive day on ...

What are the perks of having Russian citizenship

While lacking a Russian passport may merely be a source of petty inconveniences for some, for others it's a matter ...

Xi says China to push for new progress in relationship with Iceland

© Provided by Xinhua BEIJING, Dec. 8 (Xinhua) -- Chinese President Xi Jinping on Wednesday urged new progress in China-Iceland ...

Monster.com in association with Microsoft launches 'Velocity': virtual career fair for Microsoft Certified Cloud Professional

Bengaluru (Karnataka) [India], December 8 (ANI/NewsVoir): Monster.com, a Quess company, the world's first online recruiting platform and India's leading digital ...

RBI pegs GDP growth at 9.5%, inflation at 5.3% for 2021-22

Mumbai [India], December 8 (ANI): India's Gross Domestic Product (GDP) is expected to grow by 9.5 per cent and consumer ...

RBI keeps policy rates unchanged for 9th consecutive time

Mumbai [India], December 8 (ANI): Amid growing concern about the impact of the new strain of Coronavirus on the economy ...

The Pope's apocalyptic warning for the EU is worth listening to

Pope Francis has launched a blistering attack on the European Union, claiming that it could be headed down the same ...

With eye on China, US backs solar panels India deal

Washington [US], December 8 (ANI): A US development agency has announced USD 500 million of debt financing for the largest ...

Australia will follow US in diplomatic boycott of China's Winter Olympics

Australia will impose a diplomatic boycott on the February Winter Olympics in China. But the Australian team will still take ...

Human brain chip pending FDA approval, Musk says

Billionaire tech entrepreneur Elon Musk has again teased plans to begin human testing for his company's brain chip implant, Neuralink, ...

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Europe says $340 billion program will not burden countries with debt

BRUSSELS, Belgium: The European Union has announced the creation of a program worth $340 billion, called "Global Gateway," to act ...

Stock markets in Asia forge ahead on back of global rally

SYDNEY, NSW, Australia - Stocks in Asia continued the merry-go-round on Wednesday as investors the world over swarmed stock markets ...

Problem with hood detaching causes Honda recall of 725,000 vehicles

TORRANCE, California: Honda is recalling some 725,000 SUVs and pick-up trucks due to faulty hoods that could open while vehicles ...

Angry Elon Musk moves Tesla headquarters out of California

AUSTIN, Texas: Tesla has confirmed that it moved its headquarters from Palo Alto, California to a location next to its ...

U.S. stocks tack on to global rally, Nasdaq jumps 456 points

NEW YORK, New York - Technology stocks were all the rage in New York on Tuesday, pushing the broader industrial ...

Berkshire's Charlie Munger says Costco will compete against Amazon

OMAHA, Nebraska: Expect retail giant Costco to develop a major internet presence and become an important competitor to Amazon, according ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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